What is the amount of franchise royalties attributable to the acquiree included in Management Recruiters' consolidated statement of income for the year ended December 31, 2023?

According to Management Recruiters' 2024 Franchise Disclosure Document, franchise royalties from certain acquisitions are included in their consolidated statement of income. Specifically, $7.9 million in franchise royalties attributable to the acquiree of MRI is included in their consolidated statement of income for the year ended December 31, 2023. Additionally, $104 thousand in franchise royalties attributable to the acquiree of Dubin is included in their consolidated statement of income for the year ended December 31, 2023. Furthermore, franchise royalties attributable to the acquiree of approximately $107 thousand from the TEC transaction are included in their consolidated statement of income for the year ended December 31, 2023.

These figures represent the royalties Management Recruiters earned from franchise locations that were part of companies they acquired. This is relevant to potential franchisees as it provides insight into how acquisitions contribute to the overall revenue of Management Recruiters. It also shows the potential revenue that can be generated from acquired franchise systems.

It is important to note that these are unaudited pro forma figures, meaning they are estimates based on certain assumptions. The actual results may differ. A prospective franchisee should consider these figures as part of their due diligence but should also seek further clarification from Management Recruiters regarding the performance of acquired franchise systems and the factors that could affect future royalty income.